British monarchy richer than ever as queen's reign reaches record

[Tennis]

Despite talk of crumbling and chilly palaces and of Queen Elizabeth slipping down several "rich lists", Britain's monarchy will be wealthier than ever when she becomes its longest serving royal on the throne -- 63 years -- on Sept. 9.

A Reuters analysis of royal assets shows that the British monarchy has had a bumper few decades by benefiting from a rise in house and land prices.

According to a Reuters estimate based on the monarchy's interests in its key investment vehicle, royal estates and its trove of treasures, the British monarchy has nominal assets worth about 22.8 billion pounds ($34.8 billion).

The Sovereign Grant for 2015 was 37.9 million pounds, 22 percent more than two years before.

The Crown Estate's net profit growth was slow during the initial decades of the queen's reign - profits in fact declined by 19 percent between 1962 and 1982 in real terms - but it accelerated with the London property boom of the late 1980s.

Since the 2007 global financial crisis, the Crown Estate's property value has more than doubled to 11 billion pounds, increasing at an annualized rate of 9.3 percent at a time when the rest of the British house market, even in London, slowed.

http://www.reuters.com/article/2015/...0R71Z720150907

When will the world be free of these villains?

2015 and we still have a monarchy as head of state of so many countries.

[breadisfunny]

i fail to see how the queen is evil.

[Deleted]

Property value rises and you want to villify her?


Ok..........


Ps - house prices in london and most of the UK have seen rediculously high price increases. To say other properties have slowed, is borderline delusional. My own house has tripled in price in the last 10 years.

[Stormdash]

Pffft. You could pay for the Monarchy's keeping with a rounding error on what the US spends to cart the First Family to and fro these days.

[Notchris]

http://www.reuters.com/article/2015/...0R71Z720150907

When will the world be free of these villains?

2015 and we still have a monarchy as head of state of so many countries.

Not sure you understand the British Royals. They don't really control anything.

As for when "you'll be free of these villains", unless you're from the UK, why the fuck do you even care that they allow the monarchy to continue?

[Tradewind]

oh no, their land value went up. Fuck them right?!

[Orby]

As a Brit I am probably one of us few who actually like the royals

[tj119]

I hate when people say "its 2015 we shouldn't have......." What a fucking retarded thing to say. Absolutely idiocy. Boohoo a powerless old bitch is worth more money.

[MonsieuRoberts]

Rising investments are evil. Abandon your retirement funds, lest this happen to YOU! *wags finger*

[breadisfunny]

i hate it when people say "it's x date we shouldn't have x"

[Tennis]

The queen is far from powerless.

[breadisfunny]

The queen is far from powerless.

clearly she is a rising menace that must be stopped.

[Raamm]

Yeah at least vilify her over something people care about like what about how she is total old hag and DIDN'T cry at Diana's funeral.

[Flutterguy]

Is she also the queen that has lost the most territory in British history?

[SL1200]

It's so strange that people willingly bow down and worship another person just because of their bloodline.

[breadisfunny]

It's so strange that people willingly bow down and worship another person just because of their bloodline.

who said anything about bowing down and worshipping her? oh that's right you did.

[SL1200]

who said anything about bowing down and worshipping her? oh that's right you did.

Yes I did, and that's what happens. Go worship your old hag.

[Independent voter]

We had our Emperor Norton



He was a mentally ill man who somehow made his way into San Francisco during the gold rush. He proclaimed himself emperor and the miners took to the idea. They made him a uniform, got him his own seat at the opera, printed money with his likeness on it that you could use at several saloon's.

I don't think he left any heirs.

[Deleted]

Yes I did, and that's what happens. Go worship your old hag.

Aight, I'll worship my "old hag," while your worship your old black guy

[Reg]

As far as I know, the British Monarchy actually creates an incredible tourist industry that makes the country a shit ton of money. It's like people going to Disney World to see Mickey Mouse. But you want to vilify her for having a cool house?